Economics

The great blow to officialism during the primary elections (referred to as the PASO) in Argentina has only deepened the current crisis. Roberto Lampa for openDemocracy To understand how we’ve arrived at the umpteenth financial upheaval that began around a…

George Monbiot Do you feel trapped in a broken economic model? A model that’s trashing the living world and threatens the lives of our descendants? A model that excludes billions of people while making a handful unimaginably rich? That sorts us into winners and losers, and then…

Together with the editor of Pressenza in London, Tony Robinson, we are getting closer to the reality of the United Kingdom, both in the political-social field, and in the way Brexit is dealt with, the exit of these countries from…

By Diane Pagen Each of the high rises in the United Kingdom that have combusted over the course of the past 20 years—Garnock Court in Irvine, Scotland, and Lakenal House and Grenfell Tower in London—happened to be public housing, with…

By Alex Howlett In cities like New York, San Francisco, and Boston, housing prices and rents are high and rising. The usual prescription for bringing down housing prices is to build more housing. On the face of it, this makes…

By Jonathan Power In her famous decree in 1767 Empress Catherine the Great proclaimed Russia to be a European power. She wanted Russia to be a major player in European politics. She compelled the Europeans to accept Russia as a…

Co-Written by Kevin Zeese and Margaret Flower “We oppose the extraterritorial application of unilateral measures.“ That is not Cuba, Nicaragua, Iran, Russia, or China talking about the most recent unilateral coercive measures imposed by the United States against Venezuela, i.e.…

“This Sunday the primary elections have just taken place in Argentina, which although they only defined the candidates of each force for next October’s elections, had a relevant importance to evaluate the advance of the opposition to Macri’s government; and…

In the previous article, “The vicious circle of wealth concentration“, we described the mechanisms of accumulation through which economic power not only accelerates its appropriation of income, but also, because of its dominant position, remains unscathed from traditional methods of…

Transnational state capital can be just as harmful as its private counterparts. We need local, democratic and sustainable alternatives. Milan Babic for OpenDemocracy This article is part of ourEconomy’s ‘Decolonising the economy’ series. In a 2001 essay, Naomi Klein passionately called…